(Beijing Comprehensive News) The China Securities Regulatory Commission announced that it has received the record materials for the first subsidiary of the Chinese e -commerce giant Alibaba Group to go public after the reform organized by Alibaba Group.
The China Securities Regulatory Commission website disclosed on Friday (October 13) that the Securities Regulatory Commission has received the filing materials listed in Hong Kong on Tuesday (10th).
Comprehensive Shanghai Securities Journal and Surging News reported that Alibaba announced on September 26 that the company intends to split rookies by leaving the rookie by independent listing on the main board of the Hong Kong Stock Exchange to sprint the world's first share of smart logistics.
According to the announcement, after the spin -off is completed, Alibaba will continue to hold more than 50%of Cainiao's shares, and Cainiao will still be Alibaba subsidiaries.As of the announcement date, Alibaba held about 69.54%of the rookie.
The Hong Kong Stock Exchange reported on the official website on September 26 that the rookie has officially submitted a listing application that night, becoming the first business group that officially entered the first public offering (IPO) process after Alibaba announced the launch of organizational reform at the end of March this year.
Cainiao was founded in 2013. It was registered and established as the Holdings Company of Alibaba Group on May 20, 2015. In 2017, it became Ali Affiliated Corporation. It has now developed into the world's largest cross -border e -commerce logistics service company and domestic logistics services in China.leader of.
